Welfare broker

FMG INSURANCE AGENCY INC

Mailing address (most recent filing)

228 PARK AVE

WORCESTER, MA 01609

Total comp: $294K
Commissions: $226K
Fees: $68K
Filings: 4
Sponsors: 4

Carrier mix

Where FMG INSURANCE AGENCY INC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

CIGNA HEALTH AND LIFE INSURANCE COMPANY50.0%
BLUE CROSS OF CALIFORNIA50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
CIGNA HEALTH AND LIFE INSURANCE COMPANY	1	$879K	50.0%
BLUE CROSS OF CALIFORNIA	1	$14.9M	50.0%

Top states · with penetration index

Plan count by state. Index > 1.0means over-indexed vs the broker's national share.

State	Plans	Premium	State share	Index
MA	1	$14.9M	0.0%	23.11x
CO	1	$879K	0.1%	40.63x

Top industries by premium

NAICS-2 sectors where this broker places the most welfare premium.

Sponsor-size mix

Plan count by total participants. Reveals whether this broker is a mid-market player or jumbo-employer specialist.

Broker compensation as % of premium

Distribution of FMG INSURANCE AGENCY INC's plans by broker comp / premium ratio. Median 3.26% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of FMG INSURANCE AGENCY INC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where FMG INSURANCE AGENCY INC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
LCB SENIOR LIVING, LLC LCB SENIOR LIVING LLC WELFARE PLAN	MA	$14.9M	$283K	BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC.
MARUHO HATSUJYO INNOVATIONS, INC. MARUHO HATSUJYO INNOVATIONS, INC. HEALTH & WELFARE PLAN	CO	$879K	$41K	CIGNA HEALTH AND LIFE INSURANCE COMPANY

Carrier

Plans

Premium

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$879K

50.0%

BLUE CROSS OF CALIFORNIA

$14.9M

50.0%

State

Plans

Premium

State share

Index

$14.9M

0.0%

23.11x

$879K

0.1%

40.63x

Sponsor

Loc

Premium

Comp

Carrier

LCB SENIOR LIVING, LLC

LCB SENIOR LIVING LLC WELFARE PLAN

$14.9M

$283K

BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC.

MARUHO HATSUJYO INNOVATIONS, INC.

MARUHO HATSUJYO INNOVATIONS, INC. HEALTH & WELFARE PLAN

$879K

$41K

CIGNA HEALTH AND LIFE INSURANCE COMPANY